IceWEB Signs Agreement with Block Real Estate Services LLC

Updated

IceWEB Signs Agreement with Block Real Estate Services LLC

-Represents Largest Recurring Revenue Account in History of New Subsidiary CTC-

STERLING, Va.--(BUSINESS WIRE)-- IceWEB, Inc. (OTCBB:IWEB) announced today that its subsidiary, Computers & Telecom of Kansas City ("CTC") has signed an Enterprise Class Business Continuation services agreement with Block Real Estate Services LLC. ("BRES") which represents the largest Cloud services recurring revenue account in the history CTC.


"Block Information Technologies (a division of BRES) is responsible for all the technology and connectivity to BRES' 22 million square feet of real estate under management in the Kansas City area," said Rob Howe, CEO of IceWEB. "BRES has been a long-time customer of CTC's, but this represents a quantum step forward in our business relationship in that it includes not only a private Layer-2 fiber connection (private network), but also hosting and additional wireless services. This is a true Enterprise Class Business Continuation implementation that is a key part of Block Information Technologies' far reaching strategy."

"We chose IceWEB/CTC because of our long history of doing business together, their outstanding quality and keen understanding of what it will take to implement our strategy for our tenants, all with incredible speed to meet tenant demands. They have proven themselves over a long period of time, and most critically, they listen carefully and implement quickly," stated, Doug Roth, Director of Block Information Technologies.

Over the life of the partnership, IceWEB/CTC will install fiber services, managed routers, backup servers and storage, and "never fail" business continuity automation. Their services will enable BRES employees and contracting tenants to have total resiliency for all critical business IT services, delivering near zero downtime targets.

"One of the major reasons we acquired CTC is its capability to quickly execute in these extremely difficult to achieve areas. BRES requires agile delivery of these highly complex Cloud services, and it shows that as customers move to the Cloud with high-speed Internet, we can do the job no matter how complex the requirements." Howe said.

For more information please call 800-465-4637 or visit www.iceweb.com. To become part of the Company's e-mail list for industry updates and press releases, please send an e-mail to ir@iceweb.com.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934, as amended, or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.



For IceWEB, Inc.
Cynthia DeMonte, 917-273-1717
ir@iceweb.com

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS:

The article IceWEB Signs Agreement with Block Real Estate Services LLC originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement